I have mentioned it before but I thought I would talk a little bit more about the line. The line I'm talking about is the line between paying interest and earning interest. Obviously the goal of this plan is to get us to the point where we are earning interest . . . exclusively.
Like most lines, there is a broad gray area. In reality, most people aren't doing just one of these activities. It isn't an either/or situation. Most people are paying interest and earning interest. The problem of course is that they are paying more interest than they are earning.
The object of the game is to change that and then eventually get away from paying any interest at all. We need to get to the point where it's normal to not have debt. Right not, no one thinks twice about using a credit card because "everyone does it."
If all your friends jumped off a financial cliff, would you jump too?
It's not even so much about peer pressure but just a sense of "that's how things are." It has been ingrained in our culture. We need to ungrain it.